OXIS Energy Harnesses an Agreement with Steatite that will Enhance the Development of Lithium Sulfur Battery Systems PR Newswire LONDON, October 11, 2013 LONDON, October 11, 2013 /PRNewswire/ -- The agreement combines OXIS's expertise in the development of pioneering cell technology with Steatite's battery pack design and assembly skills. They have agreed to develop lithium sulfur rechargeable battery systems with advanced communications. These systems will be developed for a wide range of applications in the Oceanographic, Defence and Energy industry such as unmanned vehicles, as well as Li-S solar battery storage systems utilising photovoltaic cell technology. (Logo: http://photos.prnewswire.com/prnh/20130612/621367-b ) (Logo: http://photos.prnewswire.com/prnh/20131011/644265 ) With interest in the Downhole Oil and Gas industry, they will work closely together in identifying suitable partners using OXIS Technology for use in Steatite Battery Systems. According to OXIS Energy CEO, Huw Hampson-Jones, " We are extremely proud of being at the forefront of developing Lithium Sulfur battery technology but the agreement we have reached with Steatite allows us to combine our strengths in a way that will significantly intensify their further development. Their expertise in Oil & Gas, Transportation and Security will allow us to deploy our Lithium Sulfur cell technology into sectors where safety, lightweight systems and reliable energy performance are key requirements for their customers. We are keen to support the Company in growing its battery systems business in the UK and overseas ." Paul Edwards, Battery Manager at Steatite, commented; "Steatite has established an enviable reputation for building high quality battery packs used in the most demanding applications. Our association with the world's leading lithium cell manufacturers and knowledge of the battery industry will continue to improve with our association with OXIS energy. Lithium Sulfur is a game-changing technology offering significant technical and commercial advantages in applications using rechargeable lithium technology. We are delighted to partner OXIS energy at the forefront of this development." About OXIS Energy Ltd Since it was founded in 2005, OXIS Energy Ltd has been at the forefront of developing Lithium Sulfur battery technology. It has been involved in the design, development and now the move towards commercial production of Polymer Lithium Sulfur cells for electric vehicles battery systems. It has been granted 50 patents, with 31 pending. OXIS has demonstrable empirical data, justifying its claim on the inherent safety of its battery technology. Due to the advanced materials being used, the research being undertaken by OXIS requires significant supplier support. OXIS has set up relationships with world-leading companies and universities to ensure that new materials and processes are available during development. OXIS has signed a licence agreement with GP Batteries, a major world-class manufacturer of primary and rechargeable batteries and the largest consumer battery manufacturer in China. Both parties are working together to augment the commercial production of the OXIS technology for use in commercial applications. http://www.oxisenergy.com About Steatite Steatite Limited is a group company of Solid State PLC. Steatite is divided into product divisions: Steatite Wordsworth, Steatite Rugged Systems, Steatite Batteries, Steatite Embedded and Steatite Q-Par Antennas, together offering a range of complementary products and systems that range from industrial computer equipment, batteries, components, embedded solutions, microwave antennas and sub-systems as well as a full range of rugged notebook computers and PDAs. Steatite has specialist industry skills in Oil and Gas, Oceanography, Satellite Systems, Telecommunications, Medical, Government, Security and Defence applications. Dedicated in-house teams support customers by designing, building and supplying the most advanced range of components and systems tailored to their application needs, supported by the reassurance of first-class quality standards. Based in Redditch, Worcestershire, UK, Steatite employs over 90 people. For more information visit the Steatite website at: http://www.steatite.co.uk Contact: For more information contact: Huw W. Hampson-Jones, CEO, +44-(0)1865-407-017, firstname.lastname@example.org; Jim Munger, Group Marketing Manager, +44-(0)1527-512400, email@example.com.
OXIS Energy Harnesses an Agreement with Steatite that will Enhance the Development of Lithium Sulfur Battery Systems